Posts Tagged ‘Stripe’

Payment startup Stripe has added Australia to the growing list of countries it services.

Started by a trio of PayPal co-founders three years ago, Stripe operates in the US, Canada, Britain and Ireland, and is beta-testing in Finland, Switzerland, Denmark, Norway and Sweden.

Its latest international expansion came after it struck a deal with Chinese payments service Alipay, an affiliate of Alibaba Group Holding Inc, to allow Chinese buyers to pay for purchases on the US service.

“Stripe’s mission is to grow Internet commerce by providing everything an online business needs to accept payments,” John Collison, co-founder and president of Stripe, said in a blogpost recently.

Stripe touts a simple-to-use multi-currency service as an easy way for businesses to begin accepting payments from around the world. It takes a cut of several percentage points off transactions across its platform.